Filed Pursuant to Rule 433
Registration No. 333-206451
Motorola Solutions, Inc.
$500,000,000 4.600% Senior Notes due 2028
Final Term Sheet
| Issuer: | Motorola Solutions, Inc. | |
| Title of Security: | 4.600% Senior Notes due 2028 | |
| Trade Date: | February 21, 2018 | |
| Settlement Date: | February 23, 2018 (T+2) | |
| Aggregate Principal Amount: | $500,000,000 | |
| Maturity Date: | February 23, 2028 | |
| Coupon: | 4.600% | |
| Issue Price: | 99.833% of principal amount | |
| Benchmark Treasury: | 2.750% due February 15, 2028 | |
| Benchmark Treasury Price and Yield: | 98-17; 2.921% | |
| Spread to Benchmark Treasury: | T + 170 basis points | |
| Yield to Maturity: | 4.621% | |
| Interest Payment Dates: | Semi-annually in arrears on February 23 and August 23, commencing August 23, 2018 | |
| Optional Redemption: | At any time prior to November 23, 2027 (3 months prior to the stated maturity of the notes), at the greater of a price of 100% or at a discount rate of Treasury plus 25 basis points
On or after November 23, 2027 (3 months prior to the stated maturity of the notes), at a price of 100% | |
| CUSIP: | 620076BL2 | |
| ISIN: | US620076BL24 | |
| Joint Book-Running Managers: | Deutsche Bank Securities Inc. J.P. Morgan Securities LLC Citigroup Global Markets Inc. Goldman Sachs & Co. LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated | |
| Co-Managers: | BNP Paribas Securities Corp. HSBC Securities (USA) Inc. ICBC Standard Bank Plc Lloyds Securities Inc. Mizuho Securities USA LLC MUFG Securities Americas Inc. PNC Capital Markets LLC Santander Investment Securities Inc. TD Securities (USA) LLC U.S. Bancorp Investments, Inc. Wells Fargo Securities, LLC Loop Capital Markets LLC The Williams Capital Group, L.P. BTIG, LLC |
The issuer has filed a registration statement (including a prospectus) and a prospectus supplement with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus supplement in addition to the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.
You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Deutsche Bank Securities Inc. at 800-503-4611, or J.P. Morgan Securities LLC collect at 1-212-834-4533.